OAG 76-464 is cited to support the current interpretation of the permissible practices for industrial lending companies under new legislation, HB 894. The decision references the rationale from OAG 76-464 regarding the calculation of interest and principal amounts in lending practices, affirming that the reasoning still applies under the new legislative framework.
OAG 76-464 was Followed by OAG 80-371
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Disclaimer:
The Sunshine Law Library is not exhaustive and may contain errors from source documents or the import process. Nothing on this website should be taken as legal advice. It is always best to consult with primary sources and appropriate counsel before taking any action.
The Sunshine Law Library is not exhaustive and may contain errors from source documents or the import process. Nothing on this website should be taken as legal advice. It is always best to consult with primary sources and appropriate counsel before taking any action.